ANOTHER FINANCIAL YEAR IS ABOUT TO FINISH!

Your Year End Reminders and Obligations As a business owner, there are many obligations that you need to consider and action over the next few weeks. Some of these will help to minimise your tax. We have outlined these action points below to assist you. BEFORE 30 JUNE...

THE MINIMUM WAGE RISES AGAIN! ARE YOU READY?

1.8 million Australian employees set to receive a 2.5% pay increase. From 1 July 2015, the minimum wages in Australia are set to rise by $16 a week. It has been ruled that all Modern Award minimum wage rates and the National Minimum Wage will increase by 2.5%. This...

SPRING CLEAN: CELEBRATE WINS AND MANAGE LOSSES

Spring Clean: Celebrate Wins and Manage Losses By MSI Taylor Wealth Management We have arrived at the perfect time of year to do a spot check and a spring clean of your finances. Here’s how!   Some like to run a health check on their finances once a month. Others once...

WHAT IS INCOME PROTECTION?

What is Income Protection By MSI Taylor Wealth Management The idea of insuring against loss of income is one that has clear value, but many neglect to insure their most valuable asset. Income protection could be the answer, so how does it work?   We happily insure our...

FEDERAL BUDGET 2015/16 – WHAT YOU NEED TO KNOW

Small businesses, jobs and families were front and centre in this year’s budget, which focused on plans to restore confidence in the economy.  Here we take a look at what the key changes are. It’s important to note that the Budget announcements are still proposals at...

SUPERANNUATION PAYMENTS

Pay your super on time, to avoid missing out on claiming deductions Written by Chris Tinta What you need to pay You must pay your eligible employees a minimum super contribution of 9.5% of their ordinary time earnings each quarter.  Ordinary time earnings (OTE) is...